TENAGA NASIONAL (TNB & Tenaga Nasional Berhad | formerly Lembaga Lektrik Negara & LLN )| Est. 1990 - SkyscraperCity
 

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Old November 8th, 2004, 06:29 AM   #1
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TENAGA NASIONAL (TNB & Tenaga Nasional Berhad | formerly Lembaga Lektrik Negara & LLN )| Est. 1990

Nerve centre vital to TNB efficiency
BY B.K. SIDHU

DURING the coming festive season, many of us would be celebrating with our families but a team of engineers at Tenaga Nasional Bhd (TNB) would have to work day and night to ensure the entire nation is lit up every second of the day.

TNB’s nerve centre or the national load despatch centre (Nldc), located at its headquarters along Jalan Bangsar, Kuala Lumpur, controls the supply and demand of electricity throughout peninsular Malaysia.

There are three shifts daily and in every shift, three engineers would man a computerised information technology (IT) and communications network that is highly intelligent and can detect incidences of blackouts swiftly.

Equally quick has to be the action of those manning the networks, for any slight delay in tripping and shutting down supply from an affected power plant can lead to millions of ringgit in losses in the case of a blackout. So, downtime management is vital.

There has been so much talk about efficiency, and often TNB has been told to improve its efficiency. To say the powerhouse is not efficient would be an overstatement, but there is certainly room for improvement.

There is no denial that the number of blackouts or downtime has been minimised drastically over the years. Since the appointment of a new chairman and CEO, the “culture of regular maintenance’’ has re-emerged.

This is vital because TNB operates like a factory that runs seven days a week, 24 hours a day, and 365 days a year. Regular maintenance is key to higher efficiency and production optimisation, reduction of downtime and outages.

In fact, over the years, average interruptions experienced by users has been reduced from 700 to 100 minutes per customer as at end of last year.

The job of the nerve centre is to balance supply with demand and optimise production. The supply can either be from TNB’s own plants or the several independent power producers (IPPs) where it sources electricity from, and the users can be anywhere in the peninsula.

Advanced Power Solutions Sdn Bhd (APS) president Dr Sallehhudin Yusof said: “When we talk about energy efficiency, it is up to the nerve centre and the operational planners to plan so that the cheapest supply is used first.

“If there is a discrepancy in the planning, then the generation would not be efficient and it would appear that there was no production optimisation.’’

Sallehhudin is a former TNB employee who now owns APS, a power sector software and consultancy company that has clients locally and abroad.

The first grid came about in 1926, constructed from the Chenderoh dam to Kinta Valley by The Perak River Hydro Company. Subsequently it was extended to Papan and Malim Nawar in Perak.

The central region only got its first grid in the 1950s with the Gombak to Bangsar linkage and later extended to Serdang.

Today, TNB has a dedicated transmission division that manages and operates the 132kV, 275kV and 500kV transmission network, known as the national grid.

The grid spans the entire peninsula, connecting power stations owned by TNB and IPPs to its customers. The grid is also interconnected to Thailand’s transmission system operated by the Electricity Generating Authority of Thailand in the north and to Singapore’s transmission system at Senoko in the south.

The grid is the transport channel from the generation point to the distribution point.

The engineers at the nerve centre operate based on instructions via a docket they received a day ahead. The planning unit will spell out in the docket the exact details of where to source for power to meet demand in the various regions in the Peninsular.

The monitoring is done minute by minute and the computers are updated every second so that any problem can be detected early.

Sallehhudin said what essentially made the power industry efficient was the national grid. Transmission across the globe has remained in the hands of the Government. It is a monopoly unlike generation and distribution, which has often been privatised.

TNB, under the new leadership, is fast tracking the installation of the SCADA (supervisory control and distribution automation system) that would allow it to track blackouts as they occur, thus minimizing downtime.

Thus far the system has been installed in the Klang Valley and would be commissioned by year-end. It would be extended to the entire country in stages.

TNB is on the road to push for further efficiency and that is why its people at the nerve centre has to remain alert although they have to be away from their families during the upcoming happy occasions.


An engineer manning the computerised IT and communications network at TNB's nerve centre
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Old November 23rd, 2004, 03:55 PM   #2
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TNB Conducts Feasibility Study On Second Power Plant In Pakistan


KUALA LUMPUR, Nov 23 (Bernama) -- Tenaga Nasional Bhd (TNB) is currently conducting a feasibility study on the setting up of a second power plant in Pakistan, said its president and chief executive officer, Datuk Che Khalib Mohamad Noh, Tuesday.

The study will be followed by a visit by the board of directors of the national utility corporation to Pakistan next January to negotiate a deal with the relevant authorities there, he said.

Speaking to reporters on the sidelines of the company's Aidilfitri and Deepavali open house here, Che Khalib said that the board would discuss the terms of the project with the Pakistani authorities.

He said TNB had identified four to five local investors who are very keen to participate in the project.

He said once TNB had firmed up with the Pakistani authority, then it would invite those investors to submit a better proposal to participate in the joint-venture with the utility organisation.

However, he said TNB still had to study the matter before making a decision.

If everything goes well, Che Khalib said, to build the plant would not take much time as it could be completed within two years.

Asked on when the project would start, Che Khalib said: "If we want to start, we will start some time next year."

TNB already operates a 235mw natural gas-fired Liberty power plant, in the Pakistani province of Sindh.

Che Khalib said the second power station would be an extension (of the second phase) of the RM1.6 billion Liberty power plant.

Asked on financing, he said the cost for the new plant would be lower compared to the first power plant as TNB already had its main infrastructure there.

Asked on the progress of TNB's move to be tough on its top five power users, which owed the company over RM500 million in unpaid bills, Che Khalib said so far all the five companies had met their payment schedules.

He said TNB had given a payment schedule to the five delinquent companies to pay up within a period of between 15 to 24 months.

He said only one of the defaulters was scheduled to pay within 24 months, while the others were scheduled to pay within 15 months.

-- BERNAMA
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Old December 2nd, 2004, 05:12 PM   #3
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TNB Initiates Operations Benchmarking


KUALA LUMPUR, Dec 2 (Bernama) -- Tenaga Nasional Bhd (TNB) has embarked on an initiative to create a benchmark for the assessment of its operations' effectiveness.

Its chief executive officer, Datuk Che Khalib Mohamad Noh, said that under the initiative, expected to be completed in a period of six months, TNB would be comparing its operations' effectiveness with other foreign companies offering similar services in the US, Europe, Asia Pacific and Australia.

"This initiative is in line with the government's intention to increase the capabilities of companies under its wings," he told a press conference here Thursday.

He said the measuring standards would be applied not only to its financial capability but also to its stock readiness, time taken in the response to customer complaints, and the average number of times clients have faced power problems.

He said the financial management aspect would only contribute 20 percent to the overall effectiveness of the company in running its operations.

Among others, Che Khalib said TNB was finalising the appointment of the consultant for the initiative.

He added that the Securities Commission had also undertaken a same initiative for the utilities giant.

-- BERNAMA
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Old December 15th, 2004, 01:35 PM   #4
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Proton & TNB Among 10 Most Exciting Companies In Muslim World


KUALA LUMPUR, Dec 15 (Bernama) -- Two Malaysian companies, Proton Holdings Bhd and Tenaga Nasional Bhd, have been named as among the 10 most exciting companies in the Muslim world by Dinar Standard, a newly-launched news portal (www.dinarstandard.com) focusing on business developments in Muslim countries.

In addition, these two companies are also among 22 Malaysian companies listed in the top 100 companies in the Muslim world (DS100) in terms of revenue in 2003.

Malaysian companies formed the second largest number in the DS100 list behind Turkey with 24 companies.

Overall, companies from 18 out of the 57 OIC (Organisation of Islamic Conference) member countries made into the list.

The DS100 list is the first ever ranking of top businesses in the Muslim world and reveals a rich diversity of companies that are leading their markets, both regionally and globally.

Dinar Standard said the goal of the DS100 list is to reflect as close a picture as possible of the leading business activities in the OIC member countries.

"The DS100 aims to provide managers and strategists with a tool to benchmark trends and identify major issues and opportunities. At the same time, the DS100 aims to recognise companies that are leading the charge in the global competitive landscape and are making a significant impact in the well-being of their communities," it added.

Heading the list of Malaysian companies is Petronas with revenues of US$25.664 billion in 2003 and ranked third in the entire list behind Saudi Arabian Oil Company or Saudi Aramco (US$83.1 billion) and the National Iranian Oil Company (US$38.37 billion).

The other Malaysian companies in the list are Sime Darby, Oriental Holdings, Telekom Malaysia, PPB Group, Petronas Dagangan, Malaysian Airline System, Maybank, Federal Flour Mills, Commerce Asset Holdings, Berjaya Group, Malaysian International Shipping Corporation, Edaran Otomobil Nasional (EON), DRB-Hicom, Maxis Communications, Amsteel Corporation, Genting, AMMB Holdings, YTL Corp and UMW Holdings.

In its remarks on Proton as being one of the 10 most exciting companies in the Muslim world, Dinar Standard said only 11 countries out of the 146 World Trade Organisation members can design and manufacture a vehicle from the ground up with the latest technology, meeting world standards.

And in 2002, Malaysia became the 11th country through Proton, it said.

As for TNB, Dinar Standard said TNB, with one of the largest market capitalisation on Bursa Malaysia, "stands out as one of the most successful privatisation efforts by the Malaysian government."

It is also the largest electricity utility company in Malaysia with RM60.0 billion worth of assets serving over six million customers.

The other companies in the 10 most exciting companies list are Emirates (United Arab Emirates), Indofood (Indonesia), Koc Holding (Turkey), Saudi Aramco (Saudi Arabia), Bank Mandiri (Indonesia), Orascom Telecom (Egypt) and Saudi Basic Industries Corporation (Saudi Arabia) and ENKA (Turkey).

-- BERNAMA
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Old December 21st, 2004, 02:14 PM   #5
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Tenaga Signs Agreement For Port Dickson Power Plant Rehabilitation


KUALA LUMPUR, Dec 21 (Bernama) -- Tenaga Nasional Bhd (TNB) Tuesday signed an agreement with a consortium of companies, for the award of a contract valued slightly below RM2 billion, involving Tuanku Jaafar Power Station Rehabilitation Project Phase II (750 MW combined-cycle power plant) in Port Dickson.

The agreement was signed with Sumitomo Corporation, Toshiba Corporation, General Electric Company (GE), General Electric Power System Inc. (GEPSI) and General Electric Power System (Malaysia) Sdn Bhd (GEPSM).

TNB's chief executive officer, Datuk Che Khalib Mohamad Noh said the project cost would be slightly below RM2 billion, of which the EPC (engineering, procurement and construction) contract was worth RM1.29 billion.

The EPC together with consultancy services packages will be covered by Japan Bank of International Cooperation's (JBIC) official development assistance (ODA) which accounts for 75 percent of the total project cost while the remainder will be borne by TNB via internal funds.

"The local portion is still being negotiated with local contractors and we shall be finalising it before May 2005 but that is when the project is expected to physically start. We expect it to be worth around RM400 million," Che Khalib told reporters after the signing ceremony here Tuesday.

As for the ODA, he said as it was under a special yen loan package, the loan carried a favourable interest rate of one percent for a repayment period of 40 years.

Meanwhile, chairman Datuk Amar Leo Moggie in his address said the project would be divided into four areas including demolition work and site preparation, EPC for the combined cycle power plant, the development of a 275kV transmission line and Olak Lempit substation and lastly, consultancy services.

He said the project was to improve the overall efficiency of TNB generation system and strengthening the national grid by replacing the existing generating units with environmentally clean and high efficiency gas turbine power plant through the use of natural gas.

Currently, the plant's capacity is 600 MW which consists of stage 1 and 2 of the 4 X 60MW conventional oil-fired thermal plants and stage 3 of the 3 X 120MW conventional oil/gas-fired thermal plants.

"The construction of the new combined cycle plant is scheduled to start in February 2005. Commissioning of the two simple cycle gas turbines will be in 34 months after the issuance of Notice to Proceed (NTP), whereas the commissioning of the combined cycle block will be in 40 months time," Moggie said.

Commenting on the project further, Che Khalib said the rehabilitation works would involve clearing off the old plants and hoped that these would be completed by April 2005.

As to what other plants would be upgraded, he said, "We are looking at not so much of upgrading but we are rehabilitating and maintaining the Paka plant currently as well as that of Connaught Bridge. These two plants are already over 22 years".

He said there is a need to extend the life span of the existing plants to meet the required 5,000 MW supply capacity over the next five years.

-- BERNAMA
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Old February 21st, 2005, 11:24 AM   #6
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Taman Keramat in darkness after explosions rock TNB substation
Muzliza Mustafa
Feb 16:
--------------------------------------------------------------------------------

KUALA LUMPUR: Several loud explosions followed by flickering fire at a Tenaga Nasional Berhad (TNB) substation in Jalan AU 2A in Taman Keramat here last night left thousands of residents in the dark.
The explosions, which lasted about 20 minutes, were said to have been caused by a power overload at the substation.

A resident, Azizah Tambi, said the whole area plunged into darkness just after the first explosion at 9.45pm.

To her surprise, the explosions continued and she counted about 10 of them.

“This is the first time such an incident has happened in this area,” said Azizah.

“I was terrified and so were many of my neighbours.

“We rushed out from our homes as we were afraid something terrible might happen.”

The Malay Mail learnt that firemen from the Ampang Fire and Rescue Department arrived at the scene after receiving distress calls from residents.

The firemen, however, could not do much as the substation was not on fire.

When approached, they declined to comment on the incident.

When contacted, TNB corporate communications senior manager (media relations) Syed Hidzam Osman said the explosions were caused by a power trip at the substation there.

“This was due to an overload situation which caused the cables in the substation to be burnt,” he said, adding that TNB would be supplying five generator sets to supply electricity temporarily to the areas affected by the trip while their technical team rectified the problem.

“TNB’s technical and engineering team will be working round-the-clock to repair the damaged cables.”

Syed Hidzam said that since it involved repair work, power would only be restored by 5am this morning at the earliest.
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Old February 26th, 2005, 12:26 PM   #7
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Universiti Tenaga Nasional (UNITEN) Open Day 2005 - For June 2005 Intake



OPEN DAY SIMULTANEOUSLY AT BANGI & MUADZAM SHAH CAMPUS

The main objectives of Universiti Tenaga Nasional Open Day:

Ø to provide opportunities to students who have SPM, STPM or higher qualifications to interact and obtain counselling services from the lecturers on the programmes offered by UNITEN. The appropriate selection of programmes is important as it is closely related to the career one plans to pursue.



Ø to give exposure to school students especially those who would be sitting for their SPM and STPM examinations on the higher education opportunities available here.



Ø to invite parents and students to view the campus infrastructure and facilities available at UNITEN such as library, computer laboratories, apartments, lecture theatrettes as well as the social, recreational and sports amenities.



The programmes lined up for UNITEN'S Open Day 2005 include:



Ø Briefings on academic programmes - Engineering, Information Technology, Business Management and Accounting.

Ø Academic counseling by lecturers

Ø Exhibition

Ø Campus tour

Ø Sale and Acceptance of Application Forms for the June 2005 intake.

(apply with original results)

Universiti Tenaga Nasional’s main campus is located about 25 kilometers south of the capital city of Kuala Lumpur near Kajang in Selangor and easily accessible via a number of highways. Nestled on a 214 –hectare site of gently sloping land amid lush greenery, situated close to the commercial and cultural activities of Kuala Lumpur, the modern and serene campus provides an ideal environment for academic fulfillment and intellectual growth.

The campus is strategically located within the Multimedia Super Corridor (MSC), a mega project area dedicated to information technology development that has attracted giant companies from all over the world to conduct their research and development activities into new technologies. It is close to Cyberjaya, the hub of major MSC activities and is just next to Putrajaya, the Malaysian Government’s new administrative center.

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Old February 26th, 2005, 12:34 PM   #8
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Universiti Tenaga Nasional (UNITEN)
By: Zafri Baharuddin

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Old February 26th, 2005, 12:35 PM   #9
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Old February 26th, 2005, 12:38 PM   #10
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Old February 26th, 2005, 12:39 PM   #11
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Old February 26th, 2005, 12:40 PM   #12
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Old March 2nd, 2005, 07:04 PM   #13
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TNB Not Liable For Jan 13 Blackout, Says Energy Ministry
March 02, 2005 23:00 PM



KUALA LUMPUR, March 2 (Bernama) -- Tenaga Nasional Bhd is not liable for the Jan 13 blackout which hit parts of southern and central Peninsular Malaysia.

There was no evidence of negligence on the part of the operators at the National Load Dispatch Centre and on TNB, the Ministry of Energy, Water and Communications said in a statement, here Wednesday.

This is based on Article 17(3) of the Electricity Supply Act 1990.

Therefore, "any issue on rebate should be solely decided by TNB at its own discretion," the ministry said.

These findings were made after receiving and reviewing reports which the ministry had requested from the utility firm, the regulator (Energy Commission) and independent expert Advanced Power Solution to be submitted to its Minister, Datuk Seri Dr Lim Keng Yaik.

The statement said that Dr Lim has instructed the Energy Commission to be more proactive in regulating the industry.

He also ordered a technical audit to be conducted on transmission facilities in order to identify weaknesses in the system and to take mitigation measures to prevent such incidents from occurring again.

-- BERNAMA
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Old April 18th, 2005, 08:26 PM   #14
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TNB's Team Likely To Win Shoaiba Project


KUALA LUMPUR, April 18 (Bernama) -- Tenaga Nasional Bhd (TNB), together with two other parties, will likely win a bid for a 60 percent stake in the Shoaiba Phase 3 Independent Water and Power Project in Saudi Arabia.

The other parties in the Bidder Consortium are Malakoff Bhd and Arabian Company for Water and Power Projects Ltd (ACWA).

"We managed to submit our bid before the closing date whereas others had failed," said TNB's chairman, Datuk Amar Leo Moggie at a press conference after releasing the group's second half financial year results, here Monday.

"We will have to wait for Saudi Arabia's government to make the final decision. We have been invited to answer some clarifications and we are confident of winning the bid," he added.

If the Bidder Consortium is successful, Khazanah Nasional Bhd will together with the utility giant TNB and Malakoff form a Malaysian Consortium to invest in the former.

The project to be developed on a build, own and operate basis, will be located adjacent to the existing Shoaiba generation and desalination complexes 110 km south of Jeddah, on the western Red Sea coast of Saudi Arabia.

The indicative project timetable is for construction to commence towards end-2005 with project commercial operation date scheduled three years later.

ACWA, Malakoff and TNB will be incorporating a limited liability company in Saudi Arabia to undertake the operations and maintenance of the project.

-- BERNAMA
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Old April 18th, 2005, 08:40 PM   #15
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TNB's 2H Profit Up 115 Pct To RM723.7 Mln


KUALA LUMPUR, April 18 (Bernama) -- Utility giant Tenaga Nasional Bhd (TNB) recorded a 115.1 percent increase in pre-tax profit to RM723.7 million for the six months ended Feb 28, 2005.

The group net profit increased 888.9 percent to RM303.6 million.

Its chief executive officer Datuk Che Khalib Mohd Noh told a media conference that the performance could be attributed to a 7.7 percent increase in revenue to RM9.185 billion.

The improved revenue was mainly attributed to higher electricity sales which increased by 6.9 percent, he said.

He said the rise in the net profit was mainly due to improved foreign exchange (forex) translation gain of RM78.2 million, hence, reducing its forex translation loss to RM360.6 million from RM543.8 million.

However, TNB posted an increase in operating expenses by 7.0 percent to RM7.599 billion, mainly due to an increase in fuel cost as a result of higher coal prices.

The average coal price for the first half of the period was at US$49 per tonne compared to US$34 per tonne in the same period of last year.

"The fuel cost for the period rose by 34.1 percent," Che Khalib said.

Fuel cost and Independent Power Producer (IPP) purchase cost which together accounted for 62.0 percent of operating expenses, increased by 13.8 percent while other operating expenses in total reduced by 2.4 percent, he said.

The group, however, foresees that the higher coal prices to be partially mitigated by continued electricity demand growth coupled with the initiatives embarked on to improve the operating efficiencies.

Peak demand hits new record high of 12,375 megawatt on April 12.

"We expect the coal prices will be stabilising in the next three to four years," Che Khalib said.

Asked whether TNB would refinance its debts, Che Khalib said the group was still observing the global debt market and it aimed to reduce its gearing level to 1.5 times in the years to come.

Its gearing stood at 1.8 times against 2.0 times, six months ago. "We are looking at various options. Refinance is one of the most effective ways and we are trying hard towards that. We will come back to you when we get started," said Che Khalib.

On the possibility of trimming workforce to increase efficiency, Che Khalib said the group had no plans to cut down staff as it was operating in different ways compared to other big companies.

"In certain part of our operations, we still need a large number of physical workforce," Che Khalib said, adding that the group had now about 27,000 staff nationwide.

Among other things, the group will pay a tax-exempt interim dividend of 3.0 sen per ordinary share for the financial year ending Aug 31, 2005. The book closure and payment dates will be announced in due course.

Moving forward, the group expects to perform satisfactory in line with the government's expectation to achieve economic growth of 5.0 to 6.0 percent for the rest of the financial year.

For individual quarter, TNB's pre-tax profit rose to RM507.2 million in the second quarter ended Feb 28, from RM199.6 million on the back of higher revenue of RM4.640 billion from RM4.285 billion posted in the same quarter last year.

Net profit improved by 416.8 percent to RM295.1 million from RM57.1 million, mainly from the improvement in operating profit and foreign exchange translation gain of RM78.2 million.
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Old February 22nd, 2009, 08:02 AM   #16
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CONGRATULATIONS TO TNB!!



ManUtd apparently approached another Malaysian company too.It's Tenaga Nasional Berhad (Malaysian energy provider)

Quote:
Tenaga Nasional Berhad (TNB) is the largest electricity utility company in Malaysia and also the largest power company in Southeast Asia with RM65 billion worth of assets serving over six million customers throughout Peninsular Malaysia and the eastern state of Sabah. TNB's core activities are in the generation, transmission and distribution of electricity. TNB is ranked 10th in FTSE/Asean 40 Index, with market capitalisation of RM41.5 billion.

Globally and regionally, TNB enjoys a reputation for outstanding performance. TNB is the only Malaysian energy company to rank among the top 50 energy companies in Asia in 2006, based on the prestigious Platts’ survey of the top 250 Global Energy Companies. Internationally, Platts ranks TNB at 168th among the top 250 Global Energy Companies.
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Old March 3rd, 2009, 01:27 PM   #17
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TNB wants to operate Bakun plant, eyes cable stake
By Goh Thean Eu and Azlan Abu Bakar Published: 2008/12/18

TENAGA Nasional Bhd (TNB) (5347) , via a consortium, wants to operate the Bakun hydroelectric plant in Sarawak but not buy a stake, said Minister in the Prime Minister’s Department Senator Tan Sri Amirsham Abdul Aziz.

However, the utility wants to own a stake in the RM9 billion 700km submarine cable, that will transmit power from the dam to the peninsula.

A proposal has been tabled to the government.

“We are still discussing with TNB and the consortium on how best to put this forward. We have to get this thing out as soon as possible,” Amirsham told reporters at the sidelines of the Economic Planning Unit briefing in Putrajaya yesterday.

The government needs to decide on TNB’s proposal urgently as Bakun is crucial to address peninsular Malaysia’s electricity needs over the long-term.

Talks on funding will also start once the government agrees on the proposal, he added.

Meanwhile, the minister said talks with independent power producers on extending their concessions will resume after country’s long-term gas needs are resolved.

“Right now, there is not enough supply of gas. We are looking into how we can bring in gas, not only for the IPPs but also for the industry as well … (Then) we should be in a good position to talk again about extending the concession.

“We are in discussion with Petronas. We are looking at the availability of gas for the industry beyond 2016,” said Amirsham.
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Old March 3rd, 2009, 01:28 PM   #18
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TNB rises despite govt plan to cut electricity rates
Published: 2009/02/11

SHARES of Tenaga Nasional Bhd (5347) rose 10 sen or 1.7 per cent to RM5.85 yesterday despite the government's plan to cut electricity prices.

Most analysts believe the lower tariff would not erode TNB's earnings as it would likely be accompanied by a cut in gas prices.

"Based on reliable sources, we believe that a reduction of about 6.5 per cent to 31 sen/kWh from 33 sen/kWh will be announced sometime this week or next," MIDF Research wrote in a note yesterday.

For that quantum of reduction, MIDF said, Petroleum Nasional Bhd may be asked by the government to cut gas price by about 10 per cent to RM12.88 per unit from the current price of RM14.32.
The tariff cut is expected to have a neutral impact on TNB's earnings prospect, MIDF said.
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Old March 3rd, 2009, 01:28 PM   #19
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'Power tariff cut only part of govt's efforts'
By Rupa DamodaranPublished: 2009/02/18

The International Trade and Industry Ministry (Miti) has urged the industrial sector to look at the revised electricity tariff as part of government's efforts to mitigate the impact of the economic crisis.

Its minister Tan Sri Muhyiddin Mohd Yassin said although the rate cut was small and disappointed the industrial and manufacturing communities and commercial users, it was not the only input affecting production.

"The government is adopting a holistic approach and tariffs are not the only way. Tariffs for raw materials have been brought down and there are also other production costs which need to be looked at," he told a media briefing in Kuala Lumpur yesterday.

Tenaga Nasional Bhd (5347) recently announced a 5 per cent reduction in tariff rates for industrial users and a 2.7 per cent reduction for commercial users effective from March 1.

The Associated Chinese Chambers of Commerce & Industry of Malaysia and the Master Builders Association of Malaysia were disappointed with the rate cut, saying the tariff should revert to the old rate before the 26 per cent increase on July 1 last year.
They described the cut as dismal and unsympathetic in view of the current economic crisis which had affected manufacturers and industries.

Muhyiddin said MITI will study suggestions that tariffs be lowered for usage during off peak periods on Saturday and Sunday.
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Old March 3rd, 2009, 01:29 PM   #20
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RM100m power boost for Batu Kawan industries
By Marina EmmanuelPublished: 2009/01/16

STATE-OWNED utility Tenaga Nasional Bhd (TNB) (5347) has earmarked RM100 million for a transmission main intake station in Batu Kawan, Penang, which will help make it a preferred investment site.

"This is to cater to the demand for industries at Batu Kawan, a new area for investment that the state government wishes to promote," TNB president and chief executive officer Datuk Seri Che Khalib Mohamad Noh told reporters after making a courtesy call on Penang Chief Minister Lim Guan Eng in George Town yesterday.

Che Khalib said the construction of the transmission main intake station would be in tandem with the completion of the Second Penang Bridge, which links Batu Maung on the island and Batu Kawan on the mainland.

"It is a win-win partnership for Tenaga and the state government to ensure that more investors flock to Penang," he said.
"On our part, we will ensure that the infrastructure can cater to investors' needs.

"We are also working to achieve a five-minute guarantee of power restoration in Penang industrial estates in the event of a power interruption," he added.

The proposed transmission main intake station is in the planning stage and awaiting approval from the state government.

Meanwhile, TNB had invested RM76 million in Penang last year and is set to spend another RM80 million this year to upgrade ageing power cables in the city area, some of which are close to 40-years-old.

On the government's proposed move for lower electricity tariffs, Che Khalib said: "We are in discussion with the government and we are sure we can come to a resolution on this matter."

He said a review of the power purchase agreements with independent power producers (IPPs) "should be one of the solutions that can be considered" in order to safeguard Tenaga's bottom line.

"The interest of IPPs in making a profit should also be looked into," he added.
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